New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
December 17, 2012
18:28 EDTPNCL, DAL, PNCLQPinnacle Airlines reaches tentative agreement with ALPA
Pinnacle Airlines Corp.'s wholly owned subsidiary, Pinnacle Airlines, announced that it has reached a tentative agreement with the Air Line Pilots Association, ALPA, the legal representative of the Pinnacle Airlines pilot group on cost reductions that cover pay, retirement, work rules and benefits. A separate agreement was reached among Pinnacle Airlines, Pinnacle pilots and Delta Air Lines (DAL) that includes long-term career opportunities and the addition of 40 CRJ-900s to the Pinnacle fleet. With this agreement, Pinnacle's long-term fleet plan has been established at 81 CRJ-900 aircraft. The CRJ-900 deliveries are planned for the fall 2013 and are planned to be completed by year-end 2014. Pinnacle will remove its 140 CRJ-200 aircraft from the fleet over the next two to three years. ALPA members will have the opportunity to vote on the tentative agreement in January and, if approved, the changes would become effective when similar changes are implemented for Pinnacle's other labor groups and non-union employees. The tentative agreement also remains subject to approval and review by the Bankruptcy Court.
News For PNCL;PNCLQ;DAL From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
February 4, 2016
14:10 EDTDALNew Delta CEO signals no change to business plan, WSJ reports
Subscribe for More Information
February 3, 2016
16:40 EDTDALDelta says CEO Anderson to be executive chairman, Bastian named CEO, West COO
Subscribe for More Information
February 2, 2016
13:00 EDTDALDelta says software outage led to two dozen flight delays, CNBC reports
Subscribe for More Information
09:02 EDTDALDelta Air Lines reports January PRASM down 3%
Subscribe for More Information
February 1, 2016
06:41 EDTDALBrazil mulls removing foreign stake limit for airlines, Reuters reports
Subscribe for More Information
January 29, 2016
16:00 EDTDALOptions Update; January 29, 2016
Subscribe for More Information
06:26 EDTDALAmerican Airlines stock price too low, WSJ says
The sharp drop in oil prices has come to the benefit of the four major U.S. airline carriers, which account for approximately 80% of the domestic air-travel market, Steven Russolillo of the Wall Street Journal's Ahead of the Tape reports. United Continental (UAL) and Southwest Airlines (LUV) already reported record Q4 earnings, and Delta (DAL) recently reported a quarterly profit as well, the report says. American Airlines (AAL) is slated to reported Q4 results, which are expected to be upbeat, the Journal says. The stock prices of such companies, however, suggests that investors aren't experiencing the full benefits due to weakness with the industry's boom-and-bust nature, the report says. American Airlines's share price, in particular, is too low, and its stock has fallen too much relative to competitors ahead of quarterly results, the report says. Reference Link

Sign up for a free trial to see the rest of the stories you've been missing.
I agree to the theflyonthewall.com disclaimer & terms of use